Locks and Security News: your weekly locks and security industry newsletter
8th April 2020 Issue no. 502
Your industry news - first
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Back to black for G4S
Integrated security company G4S was in the black after it reported a 9% jump in revenue for the first quarter and said it saw a strong start to the year.
In the three months to the end of March, revenues from the group's continuing businesses were 8.9% higher than the first quarter last year.
"Trends continued from 2016, with double-digit organic growth in developed markets and revenues broadly unchanged in emerging markets. New contract wins and the pipeline provide confidence in the group's expectation of average revenue growth in the range of 4-6% per annum," said chief executive Ashley Almanza.
17th May 2017